Iran says Hormuz talks with Oman in ‘final’ stages as route approved
Summary
Iran and Oman are close to finalizing talks on new safe shipping routes through the Strait of Hormuz. Both countries have agreed on the coordinates for these routes, aiming to allow commercial ships to pass safely, while some parts of the routes will lie within each nation's territorial waters.Key Facts
- Iran and Oman have been negotiating for two months on new transit routes through the Strait of Hormuz.
- They have agreed on the geographical coordinates for the new shipping routes.
- The new routes would partly pass through Iran’s waters and partly through Oman’s waters.
- The current temporary routes will be closed once the new routes are implemented.
- The new routes are planned to operate for two to four months or possibly longer.
- Iran has enforced a near-total closure of the Strait of Hormuz due to military conflicts and resumed fighting since a June 17 memorandum ended.
- About 20% of the world’s oil and liquefied natural gas exports have been disrupted by the conflict.
- US officials, including President Donald Trump, say they want the strait reopened but reject any deal that leaves Iran in control.
- US Central Command has redirected 48 commercial ships and taken actions against others as part of its blockade against Iran.
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